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Read more about the article What is the Strait of Hormuz and why does it matter?
finance and business

What is the Strait of Hormuz and why does it matter?

There is considerable speculation that Iran might retaliate for the US's strikes on its nuclear facilities by closing the world's busiest oil shipping channel, the Strait of Hormuz. About 20%…

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June 23, 2025
Read more about the article US asks China to stop Iran from closing Strait of Hormuz
finance and business

US asks China to stop Iran from closing Strait of Hormuz

US Secretary of State Marco Rubio has called on China to prevent Iran from closing the Strait of Hormuz, one of the world's most important shipping routes. His comments came…

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June 23, 2025
Read more about the article Lower energy costs part of government’s 10-year plan for industry
finance and business

Lower energy costs part of government’s 10-year plan for industry

Lowering energy costs for thousands of businesses by scrapping green levies will form a central part of the government's new 10-year industrial strategy. The plan, which may slash energy bills…

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June 22, 2025
Read more about the article North Shields social hub helps care-experienced people gain skills
finance and business

North Shields social hub helps care-experienced people gain skills

A care-experienced woman says volunteering at a new social supermarket has helped her develop her communication skills. Rachel Fairless is part of a team running the new pantry at the…

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June 22, 2025
Read more about the article FedEx founder and former CEO Fred Smith dies aged 80
finance and business

FedEx founder and former CEO Fred Smith dies aged 80

Fred Smith, founder of the US parcel delivery giant Federal Express, has died at the age of 80, the company has announced. Mr Smith founded the firm in 1973 having…

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June 22, 2025
Read more about the article London funeral costs highest in UK, report finds
finance and business

London funeral costs highest in UK, report finds

The average cost of an attended funeral in London is the most expensive compared with anywhere else in the UK. Financial services company SunLife found that the average funeral cost…

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June 22, 2025
Read more about the article Young people in the East of England struggle to buy a first home
finance and business

Young people in the East of England struggle to buy a first home

The government wants 1.5 million new homes to be built in England by 2029 but, with the average house in the East costing £332,000, about nine times the average salary,…

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June 22, 2025
Read more about the article Dating app scam victims told ‘don’t suffer in silence’
finance and business

Dating app scam victims told ‘don’t suffer in silence’

Students are being urged not to suffer in silence when targeted by scams on dating apps, as investigators see blackmail cases rise. Fraud teams at Nationwide, the UK's biggest building…

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June 22, 2025
Read more about the article Big Venture Centre stepping in where ‘everyone is struggling’
finance and business

Big Venture Centre stepping in where ‘everyone is struggling’

Jane Platt's bright pink polo shirt marks her out as a volunteer at the Big Venture Centre. The community shop provides discounted items and other help to people living in…

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June 21, 2025
Read more about the article River Island to close 33 shops
finance and business

River Island to close 33 shops

River Island plans to close 33 shops in the UK in a move which puts hundreds of jobs at risk. The clothing retailer said more people shopping online and higher…

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June 20, 2025
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